ProShares Ultra Yen (NYSEARCA:YCL) Short Interest Update

ProShares Ultra Yen (NYSEARCA:YCL) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 32,824 shares, a growth of 127.6% from the December 31st total of 14,423 shares. Based on an average trading volume of 51,206 shares, the short-interest ratio is currently 0.6 days. Currently, 1.3% of the shares of the company are sold short. Currently, 1.3% of the shares of the company are sold short. Based on an average trading volume of 51,206 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On ProShares Ultra Yen

A hedge fund recently raised its stake in ProShares Ultra Yen stock. Jane Street Group LLC grew its stake in shares of ProShares Ultra Yen (NYSEARCA:YCL) by 19.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 91,823 shares of the company’s stock after buying an additional 14,660 shares during the quarter. Jane Street Group LLC owned about 3.53% of ProShares Ultra Yen worth $2,010,000 as of its most recent filing with the Securities and Exchange Commission.

ProShares Ultra Yen Stock Up 0.4%

Shares of NYSEARCA:YCL traded up $0.07 during trading on Thursday, hitting $19.92. 77,098 shares of the company traded hands, compared to its average volume of 82,041. The business’s fifty day moving average is $19.18 and its 200-day moving average is $20.57. ProShares Ultra Yen has a one year low of $18.47 and a one year high of $24.90.

About ProShares Ultra Yen

The ProShares Ultra Yen (YCL) is an exchange-traded fund that is based on the Japanese Yen per U.S. Dollar index. The fund provides a 2x multiple to the daily performance of the Japanese yen spot price against the US dollar as measured by Reuters. YCL was launched on Nov 24, 2008 and is managed by ProShares.